The household refrigerators market in Portugal has shown a slight growth in volume per capita from 2013 to 2023. In 2023, the volume stands at 0.015 refrigerators per capita. Between 2013 and 2023, the market experienced steady growth with notable upticks in 2017 and 2019. However, a small decline was observed in 2020, staying stable in 2021, and rebounding by 2022. The compound annual growth rate (CAGR) over the last five years is approximately 0.67%.
Future trends to watch for:
- Technological advancements enhancing energy efficiency.
- Increasing consumer preference for smart refrigerators.
- Growing awareness and demand for eco-friendly appliances.
